Sourcing Analyst (C11 / Officer) Mississauga

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Sourcing Analyst (C11 / Officer) Mississauga-19015370
   Job Purpose:The Sourcing Analyst is responsible for supporting the sourcing and contract activities across various indirect categories in support of the Citi Canadian business. This position interacts with all levels of management, including sourcing managers and senior management from various businesses and suppliers.
Job Background:The role will be part of Citi’s Enterprise Supply Chain (ESC) team based in Mississauga Canada. The ESC site in Mississauga is a strategic site for ESC that in addition to the Canada Sourcing team also includes Global Technology Sourcing roles leading sourcing activities for Citi around the world. 
Key Responsibilities:The Sourcing Analyst participates in the sourcing process for the various products and services for the Citi Canada Businesses. The Sourcing Analyst is a facilitator of the overall sourcing process and supports the cross-functional team in developing and executing sourcing strategies, supplier management strategies, and contract negotiations (including drafting and red-lining contracts). 
The Sourcing Analyst has to be organized, detailed, and results oriented,and multi-tasking skills as they will be responsible for all aspects of sourcing and contract management processes from strategy through negotiation and contract execution. 
Essential Position Responsibilities:  
  • Support and lead supplier negotiations. Ability to develop creative negotiation strategies to reduce costs and deliver additional value for Citi
  • Support and lead financial analysis and financial modelling
  • Contracts drafting and red-lining to meet Citi standards
  • Working knowledge of categories such as Banking Operations. Facilities, Print & Credit Cards Services, Outsourcing and Technology (Core Infrastructure and Software)
  • Support the development and implementation of Strategic Sourcing processes and methodologies
  • Managing stakeholder expectations through prompt clear communications and obtaining various stakeholder approvals required for contract execution 
  • Lead projects, including leading client and supplier meetings, preparing agendas, running the meetings effectively and distributing clear minutes and actions
  • Work with suppliers to measure and track performance and any reporting / reconciliation requirements
  • Respond to customer service inquiries and clarify requirements and provide information as needed
  • Utilize various Citi tools and processes to research supplier and commodity information. Report and record Procurement transactions such as: Sourcing Request Forms, Projects, Sourcing Strategy, Savings, Contracts, Approved Suppliers, etc.
  • Meet all audit guidelines and ensure adherence to Citi process and procedures
  • Participate and support in the development, management and analysis of Requests for Proposal and / or eAuctions
  • Meet reporting requirements, including drafting and checking the accuracy of reports for the team in support of the Senior Sourcing Managers
•Liaise with Sourcing Managers, Legal, internal customers and suppliers in written communication and via teleconference
•Any individual joining or working within O&T at Citi will also be expected to be an exemplar of the following Operating Principles and will be assessed and asked to demonstrate evidence against these principles where applicable during the selection process:
  • Treat everyone with dignity and respect
  • Create an environment where talent thrives
  • Act with urgency, courage and conviction 
  • Inspire excellence - be the standard
  • Be accountable - own the outcome
  • Be unselfish - empower others
  • Reward results - promote meritocracy
  • Act with integrity - do what is right
  • Collaborate - be a team Leadership – it begins with you
Complete all tasks in connection with the organization’s activity but not detailed in the current job description, charged by the direct manager, supervisor, or the functional head.
   Knowledge and Experience:             
• Prior knowledge and experience in multiple indirect spend categories such as but not limited to, IT Software & Hardware, Professional Services, Office Equipment & Supplies, Print/Card Production, etc…
• Certified Procurement Professional such as SCMP or CPM or CIPS is a plus• Commercial awareness• Experience of Procurement applications (Oracle or SAP eSourcing an advantage)• Experience of working in an international context • Process improvement skills an advantage• Oracle P2P experience an advantage

• Excellent personal communications skills.• Negotiation skills and ability to manage confrontation• Working knowledge of MS Office., Excel, Word• Good level of numeracy skills, financial modelling/accounting skills is highly desirable• Adaptability• Strong administrative and analytical skills• Attention to Details• Drive & Determination• Team working Skills• Ability to multi task and to proactively respond to urgent matters • Good prioritization skills and time management• Flexibility to work additional hours outside of normal schedule when required

• Bachelor degree or equivalent experience preferred• Contract and Vendor Management experience is preferred• Able to speak, read and write fluently

• Ownership & Accountability• Delivering Results• Goal Orientation• Operational Effectiveness• Integrity & Ethics• Self Motivation • Fast learner• Working within the parameters of set policies and procedures in a large multinational firm• Meeting deadlines and achieving service excellence• Customer orientation

15 June 2019
Location: Canada Ontario Mississauga
Work type:
Full time
Banking and Financial Services
PLEASE! No enquiries from Recruitment Agencies or Headhunters.

Only direct applications will be considered.

This career opportunity is no longer open.
Please search for current vacancies here.

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